Call reports 2014
CORNERBANK — 2014
What CORNERBANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 286,501,000 | 278,588,000 | 280,596,000 | 286,088,000 |
| Total loans | 137,016,000 | 140,535,000 | 141,630,000 | 146,808,000 |
| Allowance for loan losses | 1,357,000 | 1,531,000 | 1,770,000 | 1,849,000 |
| Securities available for sale | 132,986,000 | 124,511,000 | 127,486,000 | 123,892,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,791,000 | 241,875,000 | 236,072,000 | 251,575,000 |
| Interest-bearing deposits | 241,739,000 | 214,000,000 | 206,550,000 | 227,968,000 |
| Noninterest-bearing deposits | 8,052,000 | 27,875,000 | 29,522,000 | 23,607,000 |
| Equity capital | 24,333,000 | 24,753,000 | 24,537,000 | 24,401,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,373,000 | 4,817,000 | 7,212,000 | 9,600,000 |
| Interest expense | 199,000 | 403,000 | 604,000 | 801,000 |
| Net interest income | 2,174,000 | 4,414,000 | 6,608,000 | 8,799,000 |
| Noninterest income | 892,000 | 1,935,000 | 2,486,000 | 3,232,000 |
| Noninterest expense | 2,380,000 | 5,018,000 | 7,396,000 | 9,981,000 |
| Provision for loan losses | 89,000 | 263,000 | 656,000 | 1,176,000 |
| Pretax income | 620,000 | 1,174,000 | 1,148,000 | 1,027,000 |
| Income tax | 46,000 | 84,000 | 64,000 | 72,000 |
| Net income | 574,000 | 1,090,000 | 1,084,000 | 955,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,777,000 | 23,930,000 | 23,737,000 | 23,391,000 |
| Total capital | 25,134,000 | 25,461,000 | 25,507,000 | 25,240,000 |
| Risk-weighted assets | 166,825,000 | 167,616,000 | 167,544,000 | 169,137,000 |